DESCRIPTION Mr. Jegathesan Durairaj (itjegan) is a professional Option trader, strategist, Expiry trader, Trainer, and Investor. He is a mathematician by qualification, an Ex-software professional, and now a full-time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity on Twitter as IT Jegan, with huge followers. He has won 12 times on the Zerodha platform. He founded his own firm CapitalZone in the year 2018. For Live Trades & Market, analysis Join my Telegram channel for Free Search ITJegan in the Telegram app & follow @ITJegan on Twitter t.me/itjegan --------------------------------------------------------------------------------------- Discount Offer for Tradingview, Sensibull , Tradetron & RIGI Subscription, click here. Trading view subscription link: in.tradingview.com/gopro/?feature=pricing&aff_id=108713&source=e_forum Tradetron subscription link: www.tradetron.tech/?ref=capitalzoney Sensibull Subscription link: web.sensibull.com/sales-page/itjegan To Subscribe ITJEGAN's Intraday Straddle - Intraday Option Recorded Course, Link : rigi.club/courses/sm0WF2BCkW --------------------------------------------------------------------------------------- To Open a Trading and Demat Account, you can use the below link, Alice Blue: accountopeningaliceblue.com/CAPITALZONE/ Motilal Oswal: mosl.co/RW4fcbAU13 IIFL: cutt.ly/XXn45qD Zerodha: zerodha.com/open-account?c=ZMPSLL Fyers: open-account.fyers.in/?utm-source=AP-Leads&utm-medium=AP1860 ---------------------------------------------------------------------------------------- Subscribe to CapitalZone : ua-cam.com/users/CapitalZone Subscribe to our தமிழ் Channel CapitalZone: ua-cam.com/channels/ke6ygIkcouKm7R3nLSyalA.html ---------------------------------------------------------------------------------------- WORKSHOP DETAILS: Conducting workshops in all Metro Cities (Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kerala, and Coimbatore) is often based on queries from Traders. 👉Topics: capitalzone.in/topics/ 👉Enroll Here: rzp.io/l/G1rrn8PO 👉Schedules: capitalzone.in/schedules/ ---------------------------------------------------------------------------------------- For Trading Account Opening and Other financial services, can reach us at: Phone\Whatsapp\Telegram: +91 9962143422 Free Telegram Channel: t.me/itjegan Twitter: twitter.com/itjegan/ Facebook:facebook.com/capitalzoneitjegan LinkedIn:www.linkedin.com/company/capitalzone-in/ Instagram: instagram.com/capitalzone_itjegan/ Website: www.capitalzone.in/
i have traded a lot currency. the average of 1130 to 1230 is taken but you dont have to worry about it the price of closing at 1230 will hardly be .0025 +/- from the reference rate. and they have weekly futures which expire same time you can refer to thats too the market knows everything they price it very well. actually there have been many time thata nse doesn't update fbil reference rate on time and it shows previous days price
@@aftabmaqsood What happens if i let usdinr naked option expire? i know its cash settlement but still scared...so I always use spreads instead of naked.
Currency trading especially for new comers is not advisable... The reason are Premiums are too low ..say a straddle if at all the spot is near the strike is less the 0.10 or 0.12.. means 120 per set .. That means a move of even even a 15 paisa will move i in loss.. and these moves are very much there... Yes margins are low but the risk associated is very high.. even if u do with 100 lots ... It can give u a loss of 25k in less than 30 mins.. A strangle can't be done. Coz the premiums will be less that 0.50 even on a strike that is 0.25p away from spot ... Yes big funds do it .. if u have fund excess of 30/40 lac u can sell those 0.025 p premiums around 11.30.... but how many of retailers have that money..
Good points! By actively watching and stoploss , 15 p moves can be handled. And so for straddle on expiry. Any intraday strategy or positional you know works well ? Thanks for such details.
@@legalhealthcarerealestatet495 i am doing basics ironfly and ratios on CE side.... Plus a reverse calendar..... That hardly requires any adjustments.... If at all it requires it's much easier ... Search platinum options channel..... U will get it there....
He says 1rs brokerage per lot. I’ve been trading currency for 2 years now with minimum 100 lots. So are you saying I have to pay 100rs per order execution? Makes no sense
@arunraj bhai mein batata hoon 1. Sell ATM 2. BUY 75PAISE far otm 3. Buy Re1 far otm in half the quantity. 4. Market move kare toh opposite side ka loss kam kar le by buying near option 5. Market agar 75 paise move kar toh uss side se loss kam kar by buy itm option in that direction. Opposite side option close kar le 6. Friday ko trade close kar le. After 1 week of position trade 7. Daru pi bear pi par mera khoon mat pi
Usdinr is the worst thing to trade. 25p strike prices very difficult to adjust fast moves, options easily 100x , pathetic premiums.. you need to do lot of rollover to convert losers to winners. Good luck
ohh its his brokerage add video. a currency can go sideways man times but onces in a while every 3-5 months it will open 1rs gap up or down and all capital gone margin unable to control
Aftab, Any strategy that works with a good win rate ? I guess intraday syrategy will be better ?? ...given moves on known important events and some buying by oil marketing companies/ corporate bonds payment/ etc. The unknown days when price moves hapien are the real trouble.
@Surya K is that soon is next 5 Years or 10 Years. As far as i know Finvasia is Zero Brokerage from the very beginning. And they are very much alive. There are brokers alive who are charging 20 Rs per lot and 20 Rs per order. Its all about user preferences. Sidenote you can save those money and buy a Masarati after 10 Years.
@@Theoryofnegativity The problem is with the new rules that sebi brought which limits brokers using unused client funds for their gains like the quarterly settlement etc. If your capital is significantly larger brokerage is an insignificant charge, main issue is stt and other taxes. Idk what's the calculation you are using behind Maserati. Zerodha is able to provide top API services but if you see all these 0 brokerage brokers are having issues every other day example Kotak Securities and even Finvasia
DESCRIPTION
Mr. Jegathesan Durairaj (itjegan) is a professional Option trader, strategist, Expiry trader, Trainer, and Investor. He is a mathematician by qualification, an Ex-software professional, and now a full-time Risk Defined Option Writer. With his Open Book Strategies, he is the most known identity on Twitter as IT Jegan, with huge followers. He has won 12 times on the Zerodha platform. He founded his own firm CapitalZone in the year 2018.
For Live Trades & Market, analysis Join my Telegram channel for Free
Search ITJegan in the Telegram app & follow @ITJegan on Twitter
t.me/itjegan
---------------------------------------------------------------------------------------
Discount Offer for Tradingview, Sensibull , Tradetron & RIGI Subscription, click here.
Trading view subscription link: in.tradingview.com/gopro/?feature=pricing&aff_id=108713&source=e_forum
Tradetron subscription link: www.tradetron.tech/?ref=capitalzoney
Sensibull Subscription link: web.sensibull.com/sales-page/itjegan
To Subscribe ITJEGAN's Intraday Straddle - Intraday Option Recorded Course,
Link : rigi.club/courses/sm0WF2BCkW
---------------------------------------------------------------------------------------
To Open a Trading and Demat Account, you can use the below link,
Alice Blue: accountopeningaliceblue.com/CAPITALZONE/
Motilal Oswal: mosl.co/RW4fcbAU13
IIFL: cutt.ly/XXn45qD
Zerodha: zerodha.com/open-account?c=ZMPSLL
Fyers: open-account.fyers.in/?utm-source=AP-Leads&utm-medium=AP1860
----------------------------------------------------------------------------------------
Subscribe to CapitalZone : ua-cam.com/users/CapitalZone
Subscribe to our தமிழ் Channel CapitalZone: ua-cam.com/channels/ke6ygIkcouKm7R3nLSyalA.html
----------------------------------------------------------------------------------------
WORKSHOP DETAILS:
Conducting workshops in all Metro Cities (Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kerala, and Coimbatore) is often based on queries from Traders.
👉Topics: capitalzone.in/topics/
👉Enroll Here: rzp.io/l/G1rrn8PO
👉Schedules: capitalzone.in/schedules/
----------------------------------------------------------------------------------------
For Trading Account Opening and Other financial services, can reach us at:
Phone\Whatsapp\Telegram: +91 9962143422
Free Telegram Channel: t.me/itjegan
Twitter: twitter.com/itjegan/
Facebook:facebook.com/capitalzoneitjegan
LinkedIn:www.linkedin.com/company/capitalzone-in/
Instagram: instagram.com/capitalzone_itjegan/
Website: www.capitalzone.in/
Many Thanks for updates on USINR Trading , Great
Thank you very much Jegan brother for sharing a very valuable information 🙏
Do a strategy video of currency market sir
Informative video, please do a video on how to do currency expiry in live
Sir is there have any backtesting platform available for currency ?
Share currency strategy
Sir one field you should explore in currency markets is ARBITRAGE or ARBITRAGE triangle WITH different currencies
Pls share details of ongoing trade . Or strategy video/ details. Thanks!
liquidity is poor though. big ask spread is too high relative to contract price in percentage terms.
Sir the settlement price in USDINR will be the weighted average price of last half an hour just like nifty/bank nifty or something else?
No RBI reference rate announced basis polling
@@tvraja so how can a trader know what will be the likely settlement price near 12:30, so that he may quote the CE & PE price?
@@Ali__javaid I have same question
i have traded a lot currency. the average of 1130 to 1230 is taken but you dont have to worry about it the price of closing at 1230 will hardly be .0025 +/- from the reference rate. and they have weekly futures which expire same time you can refer to thats too the market knows everything they price it very well. actually there have been many time thata nse doesn't update fbil reference rate on time and it shows previous days price
@@aftabmaqsood What happens if i let usdinr naked option expire? i know its cash settlement but still scared...so I always use spreads instead of naked.
Currency trading especially for new comers is not advisable... The reason are
Premiums are too low ..say a straddle if at all the spot is near the strike is less the 0.10 or 0.12.. means 120 per set ..
That means a move of even even a 15 paisa will move i in loss.. and these moves are very much there...
Yes margins are low but the risk associated is very high.. even if u do with 100 lots ... It can give u a loss of 25k in less than 30 mins..
A strangle can't be done. Coz the premiums will be less that 0.50 even on a strike that is 0.25p away from spot ...
Yes big funds do it .. if u have fund excess of 30/40 lac u can sell those 0.025 p premiums around 11.30.... but how many of retailers have that money..
Good points! By actively watching and stoploss , 15 p moves can be handled. And so for straddle on expiry.
Any intraday strategy or positional you know works well ? Thanks for such details.
@@legalhealthcarerealestatet495 i am doing basics ironfly and ratios on CE side.... Plus a reverse calendar..... That hardly requires any adjustments.... If at all it requires it's much easier ...
Search platinum options channel..... U will get it there....
Thank you very much sir
He says 1rs brokerage per lot. I’ve been trading currency for 2 years now with minimum 100 lots. So are you saying I have to pay 100rs per order execution? Makes no sense
Looks like u have never Traded in currency expiry u r missing many points
If you know any drawback please share
@arunraj bhai mein batata hoon
1. Sell ATM
2. BUY 75PAISE far otm
3. Buy Re1 far otm in half the quantity.
4. Market move kare toh opposite side ka loss kam kar le by buying near option
5. Market agar 75 paise move kar toh uss side se loss kam kar by buy itm option in that direction. Opposite side option close kar le
6. Friday ko trade close kar le. After 1 week of position trade
7. Daru pi bear pi par mera khoon mat pi
Stop complaining
@@MrVikasingh1210 English please
Hello, can you please share your view, any drawbacks which aren't mentioned in the video
Hi Team, please let me know how to contact you. Thanks
Reach us @ 9962143422 in our business time 9:00AM to 6:00PM
No liquidity in OTM options
can we backtest the currency trade? which tool (like opstra)
Sensibull works.
Thanks for this useful info. Never knew :)plz do a follow up on how to trade with an example .thanks
Will do soon
I think Jegan you never traded in currency, you can't make on expiry day on currency as premium are pathetic in otm
Could you please post in tamil?
நீங்களும் Currency Expiry செய்யலாம் ஏன் ? எவ்வாறு?
ua-cam.com/video/DGAzctaap3c/v-deo.html
I am doing currency trade getting 10-15% profit weekly. I have hedge for expiry day which can give unlimited profits
That's nice. Would you like to share.
Any intraday strategy that you know of? Thanks!
Usdinr is the worst thing to trade. 25p strike prices very difficult to adjust fast moves, options easily 100x , pathetic premiums.. you need to do lot of rollover to convert losers to winners. Good luck
Yes I faced it
Very very bad liquidity
Any other pair has better liquidity?
@@kmohan1900 haha no way. Only usdinr is traded to some extent. Others only futures
Most strikes of other pairs have 0 open interest
Which broker
Kindly reach us @ 9962143422 our team will support you
ohh its his brokerage add video. a currency can go sideways man times but onces in a while every 3-5 months it will open 1rs gap up or down and all capital gone margin unable to control
Aftab, Any strategy that works with a good win rate ? I guess intraday syrategy will be better ?? ...given moves on known important events and some buying by oil marketing companies/ corporate bonds payment/ etc. The unknown days when price moves hapien are the real trouble.
In Finvasia we don't even pay brokerage... why bother to have a contract of 1 Rs 🤣🤣🤣
It will soon change 0 brokerage model won't work anymore 😂
@Surya K is that soon is next 5 Years or 10 Years.
As far as i know Finvasia is Zero Brokerage from the very beginning. And they are very much alive.
There are brokers alive who are charging 20 Rs per lot and 20 Rs per order. Its all about user preferences.
Sidenote you can save those money and buy a Masarati after 10 Years.
@@Theoryofnegativity The problem is with the new rules that sebi brought which limits brokers using unused client funds for their gains like the quarterly settlement etc. If your capital is significantly larger brokerage is an insignificant charge, main issue is stt and other taxes. Idk what's the calculation you are using behind Maserati. Zerodha is able to provide top API services but if you see all these 0 brokerage brokers are having issues every other day example Kotak Securities and even Finvasia
I am using Finvasia, it is very good 👍 no brokerage so there is no commission for UA-camrs who is promoting other platforms
@@bineeshbabu7459 maybe you didn't use it for a long time. I personally know many traders who faced issues multiple times
Absolutely no use of this video at all.